|
|
Post by bracknellboy on Oct 2, 2024 13:10:13 GMT
well what are the actual rules about dual rate day/night supply and capped tariffs? I know it applies to SVTs have no idea how or indeed if it applies to dual rate. Gawd knows. The OFGEM page only lists that single figure for those of us on "multi-rate" meters. That's a different question, and one to look into. For single-rate, they list... 62.75p/day going to 63.62p 21.69p/kWh going to 23.83p/kWh ...which would support the assumption that the "multi-rate" figure is an average based on some standardised day/night split, but no figure visible as to what that is. It appears I'm currently paying slightly less than the single-rate cap, but more than that presumption of the multi, so I'm definitely better staying on multi. That may be because I use more day, less night than the assumed split. there are a couple of conclusions, as I'm sure you have figured. 1. There is an implied or stated set of figures for dual rate, which by definition is based on some standardised assumptive split 2. There isn't but individual suppliers are working to the spirit of the cap by using their own assumptive split. What we can be sure of is - in theory and in practise - is they are going to define your split tariff with reference to your personal actual usage. So one would have expected you calculation to have come up with a number /= the SVT cap rate.
|
|
adrianc
Member of DD Central
Posts: 10,003 
Likes: 5,139
Member is Online
|
Post by adrianc on Oct 2, 2024 13:16:21 GMT
|
|
benaj
Member of DD Central
N/A
Posts: 5,608
Likes: 1,738
|
Post by benaj on Oct 2, 2024 13:18:56 GMT
My multirate meter doesn’t work, so I have to use manually calculation. Just day rate. Right now, it seems Ovo fixed offers better value if I exit my current one with £50 fee.
However, I think it need to chase it up to fix the meter first.
|
|
|
|
Post by Badly Drawn Stickman on Oct 2, 2024 19:09:02 GMT
The dual rate AKA economy 7 in its early days was directed at people with electric storage heaters. That is where the bulk of usage was supposed to migrate. Obviously people on the tariff would try to take further advantage with hot water being a prime user.
Pretty much a redundant concept these days, Storage heaters were never very efficient and totally uncontrollable to suit weather fluctuations.
Blah blah just get rid..........
|
|
adrianc
Member of DD Central
Posts: 10,003
Likes: 5,139
Member is Online
|
Post by adrianc on Oct 2, 2024 19:40:16 GMT
Blah blah just get rid.......... ...or get more organised and put the dishy and washy on at night.
|
|
|
|
Post by Badly Drawn Stickman on Oct 2, 2024 19:53:16 GMT
Blah blah just get rid.......... ...or get more organised and put the dishy and washy on at night. Different people would clearly have different usage demands and patterns, but I guess the vast majority would simply be 'treading water' with the tariff. Seems a lot of trouble for no real gain.
|
|
|
|
Post by Ace on Oct 2, 2024 20:54:04 GMT
...or get more organised and put the dishy and washy on at night. Different people would clearly have different usage demands and patterns, but I guess the vast majority would simply be 'treading water' with the tariff. Seems a lot of trouble for no real gain. It's very useful for those of us with solar panels and no battery. Cheap electric when the sun doesn't shine.
|
|
keitha
Member of DD Central
2024, hopefully the year I get out of P2P
Posts: 4,587
Likes: 2,622
|
Post by keitha on Oct 7, 2024 22:30:23 GMT
As an Octopus customer I shouldn't suggest this but look at Tomato energy for cheap tariffs
|
|
spiral
Member of DD Central
Posts: 967
Likes: 486
|
Post by spiral on Oct 8, 2024 11:08:06 GMT
As an Octopus customer I shouldn't suggest this but look at Tomato energy for cheap tariffs Am I right in thinking they only offer electric? I can't see any details on my quote other than an electric tariff and standing charge and the quote is less than half what I pay for both combined. It also doesn't let you fill in actual usage (unless it pulls this from your smart meter).
|
|
keitha
Member of DD Central
2024, hopefully the year I get out of P2P
Posts: 4,587
Likes: 2,622
|
Post by keitha on Oct 8, 2024 11:15:14 GMT
Yes they only do electricity import, no gas and no export.
the tariff chooser seems weird.
With battery it offers 6.5 hours overnight at 5p
With solar and battery it offers 5 hours at 14.86p !
|
|
keitha
Member of DD Central
2024, hopefully the year I get out of P2P
Posts: 4,587
Likes: 2,622
|
Post by keitha on Oct 8, 2024 11:24:42 GMT
The dual rate AKA economy 7 in its early days was directed at people with electric storage heaters. That is where the bulk of usage was supposed to migrate. Obviously people on the tariff would try to take further advantage with hot water being a prime user. Pretty much a redundant concept these days, Storage heaters were never very efficient and totally uncontrollable to suit weather fluctuations. Blah blah just get rid.......... Unfortunately there are 10's maybe 100's of thousands of properties throughout the UK with no mains gas, for whom electric storage heaters are the "best" option at a reasonable price. many of them are on RTS ( remote controlled meters ) with a separate circuit for Night storage ( and often water heating ) the RTS signal will be turned off mid 2025, having already having had an extension. many of these customers may find that unless they get a smart meter that either the heating circuit will cease to work ( if it turns off whilst off ) or it will be on 24/7. unless the customers get working smart meters they could get huge bills.
|
|
michaelc
Member of DD Central
Say No To T.D.S.
Posts: 5,703
Likes: 2,981
|
Post by michaelc on Oct 8, 2024 11:35:49 GMT
The dual rate AKA economy 7 in its early days was directed at people with electric storage heaters. That is where the bulk of usage was supposed to migrate. Obviously people on the tariff would try to take further advantage with hot water being a prime user. Pretty much a redundant concept these days, Storage heaters were never very efficient and totally uncontrollable to suit weather fluctuations. Blah blah just get rid.......... , for whom electric storage heaters are the "best" option at a reasonable price. many of them are on RTS ( remote controlled meters ) with a separate circuit for Night storage ( and often water heating ) the RTS signal will be turned off mid 2025, having already having had an extension. many of these customers may find that unless they get a smart meter that either the heating circuit will cease to work ( if it turns off whilst off ) or it will be on 24/7. unless the customers get working smart meters they could get huge bills. Suspect its in the millions since most flats are electric only.
|
|
adrianc
Member of DD Central
Posts: 10,003
Likes: 5,139
Member is Online
|
Post by adrianc on Oct 8, 2024 12:09:31 GMT
The dual rate AKA economy 7 in its early days was directed at people with electric storage heaters. That is where the bulk of usage was supposed to migrate. Obviously people on the tariff would try to take further advantage with hot water being a prime user. Pretty much a redundant concept these days, Storage heaters were never very efficient and totally uncontrollable to suit weather fluctuations. Blah blah just get rid.......... Unfortunately there are 10's maybe 100's of thousands of properties throughout the UK with no mains gas, for whom electric storage heaters are the "best" option at a reasonable price. many of them are on RTS ( remote controlled meters ) with a separate circuit for Night storage ( and often water heating ) the RTS signal will be turned off mid 2025, having already having had an extension. many of these customers may find that unless they get a smart meter that either the heating circuit will cease to work ( if it turns off whilst off ) or it will be on 24/7. unless the customers get working smart meters they could get huge bills. Our place is off mains gas. We have gas central heating. Bulk LPG, which is delivered by truck, and no more expensive than oil usually. It's also much less likely to be "liberated" by the midnight oil fairies.
|
|
|
|
Post by bracknellboy on Oct 9, 2024 14:46:01 GMT
anyone else who is on the daily tariff, and uses the gastracker "app" to check on prices. Normally the next days leccy price is available around midday. The last few days it hasn't been. Have others found that? Not sure whether it is an app issue, a problem at my end, or delayes in setting the next day's wholesale price.
|
|
keitha
Member of DD Central
2024, hopefully the year I get out of P2P
Posts: 4,587
Likes: 2,622
|
Post by keitha on Oct 9, 2024 17:39:26 GMT
ive seen the same
|
|
